DSGX Q2 EPS Estimate Decreased by National Bank Financial

The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) – Equities researchers at National Bank Financial reduced their Q2 2026 earnings per share estimates for shares of The Descartes Systems Group in a note issued to investors on Thursday, June 5th. National Bank Financial analyst J. Shao now anticipates that the technology company will earn $0.42 per share for the quarter, down from their prior forecast of $0.49. The consensus estimate for The Descartes Systems Group’s current full-year earnings is $1.64 per share. National Bank Financial also issued estimates for The Descartes Systems Group’s Q3 2026 earnings at $0.47 EPS and Q4 2026 earnings at $0.49 EPS.

A number of other equities research analysts have also recently weighed in on DSGX. Scotiabank upped their price target on The Descartes Systems Group from $125.00 to $127.00 and gave the stock a “sector outperform” rating in a report on Wednesday, March 26th. Stephens cut their price objective on The Descartes Systems Group from $137.00 to $125.00 and set an “overweight” rating for the company in a research report on Wednesday, April 9th. Barclays cut their price objective on The Descartes Systems Group from $118.00 to $108.00 and set an “equal weight” rating for the company in a research report on Thursday, June 5th. BMO Capital Markets cut their price objective on The Descartes Systems Group from $120.00 to $113.00 and set a “market perform” rating for the company in a research report on Thursday, March 6th. Finally, CIBC cut their price objective on The Descartes Systems Group from $128.00 to $127.00 and set an “outperform” rating for the company in a research report on Thursday, March 6th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $123.40.

The Descartes Systems Group Price Performance

DSGX opened at $100.14 on Monday. The stock has a market cap of $8.57 billion, a P/E ratio of 62.98 and a beta of 0.87. The stock’s 50 day simple moving average is $106.87 and its 200 day simple moving average is $110.44. The Descartes Systems Group has a 1-year low of $90.61 and a 1-year high of $124.31.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last released its quarterly earnings results on Wednesday, June 4th. The technology company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.05). The firm had revenue of $168.74 million during the quarter, compared to analyst estimates of $169.60 million. The Descartes Systems Group had a return on equity of 10.65% and a net margin of 21.80%. The business’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 EPS.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DSGX. NBC Securities Inc. purchased a new position in shares of The Descartes Systems Group during the 1st quarter worth $25,000. Mather Group LLC. lifted its stake in shares of The Descartes Systems Group by 301.7% during the 4th quarter. Mather Group LLC. now owns 241 shares of the technology company’s stock worth $27,000 after purchasing an additional 181 shares during the period. GeoWealth Management LLC lifted its stake in shares of The Descartes Systems Group by 63.2% during the 4th quarter. GeoWealth Management LLC now owns 341 shares of the technology company’s stock worth $39,000 after purchasing an additional 132 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of The Descartes Systems Group during the 4th quarter worth $43,000. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of The Descartes Systems Group during the 1st quarter worth $49,000. Hedge funds and other institutional investors own 77.73% of the company’s stock.

About The Descartes Systems Group

The Descartes Systems Group Inc provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services.